Ministry of Commerce & Industry
INDIA’S MERCHANDISE TRADE Preliminary Data for December 2020
India’s merchandise exports in December 2020 was USD 26.89 billion, as compared to USD 27.11 billion in December 2019 a marginal fall of 0.80%
India’s merchandise imports in December 2020 was USD 42.60 billion, as compared to USD 39.59 billion in December 2019 an increment of 7.6%
India is a net importer in December 2020, with a trade deficit of USD 15.71 billion as compared to trade deficit of USD 12.49 billion in December 2019
Value of non-petroleum and non-gems and jewellery exports in December 2020 was USD 22.15 billion, as compared to USD 21.06 billion in December 2019, a growth of 5.17%
Non-oil, non-GJ imports were USD 26.10 billion in December 2020 as compared to USD 24.07 billion in December 2019, a growth of 8.42%
Top 5 commodity groups of export having recorded positive growth during December 2020 vis-à-vis December 2019: Other Cereals , Oil meals , Iron Ore , Cereal preparations and miscellaneous processed item, Jute manufacturing including floor covering
Top 5 commodity groups of import showing a fall in December 2020 vis-à-vis December 2019: Silver , Newsprint , Leather & leather products, Transport equipment , Cotton Raw and Waste 
India’s merchandise exports in December 2020 was USD 26.89 billion, as compared to USD 27.11 billion in December 2019, a marginal fall of 0.80%. Exports during April-December 2020-21 were USD 200.55 billion, as compared to USD 238.27 billion during the same period last year, exhibiting a negative growth of 15.8%.
India’s merchandise imports in December 2020 were USD 42.60 billion, as compared to USD 39.59 billion in December 2019, an increase of 7.6%. Merchandise imports during April-December 2020-21 were USD 258.29 billion, as compared to USD 364.18 billion during the same period last year, exhibiting a negative growth of 29.08%.
India is thus a net importer in December 2020, with a trade deficit of USD 15.71 billion, as compared to trade deficit of USD 12.49 billion, widened by 25.78%.
In December 2020, the value of non-petroleum exports was USD 24.73 billion, registering a positive growth of 5.33% over December 2019. The value of non-petroleum and non-gems and jewellery exports in December 2020 was USD 22.15 billion as compared to USD 21.06 billion in December 2019, registering a positivegrowth of 5.17%. The cumulative value of non-petroleum and non-gems and jewellery exports in April-December 2020-21 was USD 166.26 billion, as compared to USD 178.15 billion for the corresponding period in 2019-20, exhibiting a decrease of 6.7%.
In December 2020, Oil imports were USD 9.61 billion, as compared to USD 10.72 billion in December 2019, a decline by 10.37%. Oil imports in April-December 2020-21 were USD 53.71 billion, as compared to USD 96.71 billion, showing a decline of 44.46%.
Non-oil imports in December 2020 were estimated at USD 33.0 billion, as compared to USD 28.88 billion in December 2019, showing an increase of 14.27%. Non-oil imports in April-December 2020-21 were USD 204.57 billion, as compared to USD 267.47 billion, registering a decline of 23.52% during the same period of the last year.
Non-oil, non-GJ  imports were USD 26.10 billion in December 2020, recording a positive growth of 8.42%, as compared to non-oil and non-GJ imports of USD 24.07 billion in December 2019. Non-oil and non-GJ imports were USD 175.29 billion in April-December 2020-21, recording a negative growth of 22.08%, as compared to non-oil and non-GJ imports of USD 224.96 billion in April-December 2019-20.
Major commodities of export which have recorded positive growth during December 2020 vis-à-vis December 2019 are: Other cereals , Oil meals , Iron ore , Cereal preparations and miscellaneous processed item , Jute mfg. Including floor covering , Handicrafts excl. Hand-made carpet , Carpet , Ceramic products and glassware , Drugs and pharmaceuticals , Spices , Electronic Goods , Fruits and vegetables , Organic and Inorganic Chemicals , Cotton yarn/fabrics/made-ups, handloom products etc. , Rice , Meat, dairy and poultry products , Gems and Jewellery , Mica, coal and other ores, minerals including process , Tea , Engineering goods .
Major commodities of export which have recorded negative growth during December 2020 vis-à-vis December 2019 are Petroleum products , Oil Seeds , Leather and leather manufactures , Coffee , RMG of All Textiles , Man-made yarn/fabrics/made-ups etc. , Marine products , Cashew , Plastic and linoleum , Tobacco .
Major commodity groups of import showing positive growth in December 2020 over the corresponding month of last year are: Pulses , Sulphur & Unroasted Iron Pyrites , Gold , Vegetable Oil , Chemical material & products , Dyeing/tanning/colouring materials , Artificial resins, plastic materials, etc. , Non-ferrous metals , Organic & Inorganic Chemicals , Electronic goods ,Textile yarn Fabric, made-up articles , Project Goods , Wood & Wood products , Machine tools , Iron & Steel , Pearls, precious & Semi-precious stones , Fertilisers, Crude & manufactured , Medicinal & Pharmaceutical products , Machinery, electrical & non-electrical , Fruits & vegetables .
Major commodity groups of import showing negative growth in December 2020 over the corresponding month of last year are: Silver , Newsprint , Leather & leather products , Transport equipment , Cotton Raw & Waste , Metaliferrous ores & other minerals ,Pulp and Waste paper ,Petroleum, Crude & products , Coal, Coke & Briquettes, etc. , Professional instrument, Optical goods, etc. .
MERCHANDISE TRADE: Preliminary Data, December 2020
Summary Value in USD Billion
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Total
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Non-Petroleum
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Non- Petroleum and Non-Gems &Jewellery
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2019-20
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2020-21
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% change
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2019-20
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2020-21
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% change
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2019-20
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2020-21
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% change
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Exports
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27.11
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26.89
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-0.80
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23.48
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24.73
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5.33
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21.06
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22.15
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5.17
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Imports
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39.59
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42.60
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7.6
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28.88
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33.00
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14.27
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24.07
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26.10
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8.42
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Deficit
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-12.48
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-15.71
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-25.88
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-5.4
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-8.27
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-53.15
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-3.01
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-3.95
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-31.23
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Change by top Commodity Groups
Value in USD Million
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Top Increase in December 2020 as compared to December 2019
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Top Decline in December 2020 as compared to December 2019
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Commodity group
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Change in value
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% change
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Commodity group
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Change in value
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% change
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Export
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DRUGS AND PHARMACEUTICALS
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327.27
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17.44
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PETROLEUM PRODUCTS
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-1469.85
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-40.47
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ORGANIC AND INORGANIC CHEMICALS
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202.28
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10.73
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RMG OF ALL TEXTILES
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-212.11
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-15.07
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ELECTRONIC GOODS
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176.75
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16.44
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MARINE PRODUCTS
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-93.69
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-14.27
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Import
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Gold
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2018.55
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81.82
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Petroleum, Crude & products
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-1111.28
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-10.37
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Electronic goods
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870.95
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20.90
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Transport equipment
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-1029.51
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-32.05
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Vegetable Oil
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366.96
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43.50
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Metaliferrous ores & other minerals
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-137.08
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-24.42